Revealed: THESE industries have the MOST millennial billionaires

Becoming a billionaire is no easy feat and that is why only a limited number of people in the world reach billionaire status. From those that do, not much is made about millennial billionaires, given their extraordinary ability to accumulate such a huge amount of wealth at a relatively young age.

Interested in personal wealth, PhysicalGold.com analysed the latest data from Forbes to establish which industries in the world have the most millennial (23 – 38 years old) billionaires.

The Industries with the Most Millennial Billionaires

Rank

Industry

No. of Millennial Billionaires

Collective Net Worth of Millennial Billionaires in Industry (USD$ – Billion)

1.

Technology

28

$254.5

2.

Finance and Investments

8

$24.6

3.

Automotive

6

$17.2

3.

Fashion & Retail

6

$27

3.

Healthcare

6

$11

3.

Media and Entertainment

6

$37

4.

Manufacturing

5

$14.1

5.

Metals and Mining

4

$6.4

5.

Property

4

$9.9

6.

Energy

2

$7.7

6.

Food and Beverage

2

$8

7.

Service

1

$1.2

8.

Construction & Engineering

0

$0

8.

Gambling and Casinos

0

$0

8.

Logistics

0

$0

8.

Sports

0

$0

8.

Telecommunications

0

$0

  • Technology is the sector that has the most millennial billionaires with 28; the combined net worth of the 28 tech millennial billionaires equates to an astonishing $254.5 billion!
  • The finance and investment industry has the next most millennial billionaires with eight and the accumulative net worth of the eight millennial billionaires is $24.6 billion
  • The automotive, fashion and retail, healthcare and media and entertainment industries respectively have six millennial billionaires each
  • Interestingly, the construction and engineering, gambling and casinos, logistics, sports and telecommunications industries have no millennial billionaires
  • Overall, there are currently 78 millennial billionaires in the world and the collective net worth of the 78 millennial billionaires is a colossal $418.6 billion